The National Distance Running Hall of Fame building at 114 Genesee St. will be sold to Hillcrest Real Estate Holdings LLC.

The building also houses the Boilermaker Road Race organization.

The Boilermaker organization also has a signed purchase offer for the R.J. Nudo building at 805 Court St. said Tim Reed, president of the Boilermaker Road Race in a news release.

"We are excited to relocate closer to where the race finishes" he said "This building offers us the ability to logistically support the race as well as offering additional parking."

That doesn't mean the Hall of Fame will be making the move as well though.

In an email, Reed said the move would give the organization time to look at the National Distance Running Hall of Fame's future, suggesting it could move to a site outside of Utica or even cease to exist as a physical building and become a web-only presence.

"While we are committed to the National Distance, this is going to give us the opportunity to decide both where the Hall of Fame should be located and the format it should be presented to the public," he wrote. "Is Utica, New York, the best place where it can flourish? Should it exist in a cyber environment?"

The closing and the move should be completed by spring, Reed said.

R.J. Nudo will not be going out of business but plans on relocating locally, according to the news release. The company, a floral supplier, could not be reached for comment Thursday.

The Hall of Fame is on its first two floors of the former Sauter building, with Boilermaker offices on the third and storage on the fourth.

The Hall of Fame and Boilermaker moved into the building March 23, 1999. The building was bought for $1 through the assistance of then-Mayor Edward Hanna, who also helped arrange a $125,000 loan to help refurbish it.

Eight months prior to its opening, the Hall of Fame had inducted its first class. Three of the inductees returned for the grand opening ceremonies in March 1999: Bill Rodgers, Kathrine Switzer and Ted Corbitt.